Global Multiple Rocket Launchers Market Growth 2025-2031

Global Multiple Rocket Launchers Market Growth 2025-2031

The global Multiple Rocket Launchers market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

A multiple rocket launcher (MRL) or multiple launch rocket system (MLRS) is a type of rocket artillery system. Rockets have different capabilities than artillery, like longer range, and different payloads, for example considerably larger warheads, or multiple warheads. Unguided rocket artillery is notoriously inaccurate and slow to reload, compared to artillery. To overcome this, rockets are combined in systems that can launch multiple rockets simultaneously. Modern rockets can use GPS or inertial guidance, to combine the advantages of rockets with high accuracy.

Splav is the world leader with 40% market shares, Lockheed Martin is the leader in Unites States by 22% market shares, and NORINCO GROUP is the leader in China.

LP Information, Inc. (LPI) ' newest research report, the “Multiple Rocket Launchers Industry Forecast” looks at past sales and reviews total world Multiple Rocket Launchers sales in 2024, providing a comprehensive analysis by region and market sector of projected Multiple Rocket Launchers sales for 2025 through 2031. With Multiple Rocket Launchers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Multiple Rocket Launchers industry.

This Insight Report provides a comprehensive analysis of the global Multiple Rocket Launchers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Multiple Rocket Launchers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Multiple Rocket Launchers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Multiple Rocket Launchers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Multiple Rocket Launchers.

This report presents a comprehensive overview, market shares, and growth opportunities of Multiple Rocket Launchers market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Tracked Rocket Launchers
Wheeled Rocket Launchers
Towed Rocket Launchers

Segmentation by Application:
Political
Commerical

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Lockheed Martin
NORINCO GROUP
Splav
Roketsan
Avibras
IMI

Key Questions Addressed in this Report

What is the 10-year outlook for the global Multiple Rocket Launchers market?

What factors are driving Multiple Rocket Launchers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Multiple Rocket Launchers market opportunities vary by end market size?

How does Multiple Rocket Launchers break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.